Estimated extra transfer to Treasury of $951.78 mn from banks

The BCRA enabled banks to migrate the portion of reserve requirements integrated into Leliq (Liquidity Bill) to Treasury debt securities from June. Although the potential stock exceeds 700 billion pesos ($7.4 bn), a report estimated that the government could obtain an additional 90 billion pesos ($951.78 mn) by this means as it is a voluntary measure.

Source: Ámbito